Question

Which among the following is a source of non-tax revenue for the government?

• A. Gifts and grants
• B. Fees, fines and penalties
• C. Interest and dividend on investments
• D. All of the above

Answer 1

Answer: (D)

All of the above

Non-tax receipts of the government are all those revenue receipts of the government that is not a part of tax receipts of the government be it a direct tax or indirect tax. For example - fees, fines, escheats, gifts and grants, interest and dividends on investment, etc.